Mastery card
I can explain Capitalisation
Parking a cost on the balance sheet as an asset instead of expensing it now.
Capitalisation records a qualifying cost as an asset to be depreciated or amortized over useful life, rather than charging it fully to current-period expense.
Sticky trick
Ask: future economic benefit beyond this year? If yes, consider capitalisation rules.
Take into the room
In plain English, what is Capitalisation?
Or open the share card 🏗️
Or start your own 5-word trail from home.